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India's maize prices have roughly doubled year on year. The kharif crop is projected to fall about 15%, and ethanol producers are absorbing a larger share of the grain.
A smaller domestic crop combined with rising ethanol demand tightens maize supply for feed users, raising poultry feed costs and supporting Indian corn prices.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.